Mr Bigglesworth...
it has just come to my attention that MQG has about 5.76% of CNP and own some 48,724,197.
CNP was at $6 and is about $1.50
I dont know what MQG bought in at but I can only assume that they have lost big time.
I would estimate a lose of around $5 a share so we are looking at a lose of at least $250 m
It looks like the asset base has shrunk 4% as will have the earning capacity.
I anticipate a profit down grade as result and dumped my shares. All the best.
i have something important to discuss, page-5
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Last
$203.40 |
Change
0.520(0.26%) |
Mkt cap ! $77.70B | |||
| Open | High | Low | Value | Volume |
| $204.18 | $204.49 | $202.50 | $105.9M | 520.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 827 | $203.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $203.43 | 109 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |